Friday 6 November 2026 Export EC’s income statement to Excel — free account

Ecopetrol S.A.

EC Energy Oil & Gas Integrated

Ecopetrol S.A.’s revenue for fiscal 2025 (year ended December 2025) was $23.9 billion, down 83.7% from fiscal 2024.

Revenue: +103.2%
EPS: +290.5%
Free cash flow: +62.3%
Total debt: +30.9%

Quarter to June 2026, against a year earlier

15.61 0.31 −1.95%

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Market cap: $32.0B
P/E: 8.3×
Fwd P/E: 5.7×
Dividend yield: 4.16%
F-score: 6/9
Altman Z: 1.21
Beneish M: −3.66
Dividend safety: 30/100

Overview

Ecopetrol S.A. (EC) Debt to equity

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Ecopetrol S.A.'s debt to equity at the end of the quarter to 30 June 2026 was 1.0×, down 0.1× from fiscal 2025 (1.0×). Over the past ten years it has ranged from 0.7× (fiscal 2019) to 1.2× (fiscal 2015); the current reading is higher than 55% of that period. That is above the Oil & Gas Integrated industry median of 0.5× and above the Energy sector median of 0.4×.

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<iframe src="https://stockrow.com/embed/EC/debt-to-equity" width="100%" height="360" style="border:0" loading="lazy" title="Ecopetrol S.A. debt to equity, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/EC/metrics/debt-to-equity">Ecopetrol S.A. (EC) debt to equity — stockrow.com</a></p>

Period	Debt to equity	Change
FY2025	1.0×	(9.68%)
FY2024	1.1×	7.31%
FY2023	1.1×	4.42%
FY2022	1.0×	(3.68%)
FY2021	1.0×	20.14%
FY2020	0.9×	33.01%
FY2019	0.7×	(1.47%)
FY2018	0.7×	(26.21%)
FY2017	0.9×	(24.66%)
FY2016	1.2×	(2.92%)

Period	Debt to equity	Change
Jun 2026	1.0×	(7.21%)
Mar 2026	1.0×	0.84%
Dec 2025	1.0×	(4.19%)
Sep 2025	1.1×	(6.25%)
37 more quarters	Free account

Against its own ten years

Low 0.7× High 1.2×

Ten-year median 1.0×

Current reading's percentile 55

Company	Debt to equity
CVE Cenovus Energy Inc compare	0.3×
EQNR Equinor ASA compare	0.5×
E Eni SpA compare	0.6×
PBR.A Petroleo Brasileiro S.A.- Petrobras compare	0.7×
PBR Petroleo Brasileiro S.A.- Petrobras compare	0.7×
BP BP p.l.c. compare	0.7×
YPF YPF Sociedad Anonima compare	0.8×
NFG National Fuel Gas Company compare	0.9×
EC Ecopetrol S.A.	1.0×
Oil & Gas Integrated industry median	0.5×
Energy sector median	0.4×
Market median	0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

Ecopetrol S.A. (EC) Debt to equity

Debt to equity, annual

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Against its own ten years

Debt to equity against peers

What Debt to equity is

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Debt to equity, annual

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Quarterly newest first

Against its own ten years

Debt to equity against peers

What Debt to equity is

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